The Evolution of Wallets

Digital-Wallets-4.jpg

Wallets, "The Keys for Your Stuff."

It wasn't too long ago that I was gifted an old elephant skin wallet. It's a real nice cold storage wallet. It has no online connections.

The future of wallets is moving into the lime light.

Why?

  • All of your online activity can be managed from one central source. The user and their wallet being the focal point here.

  • Nobody else controls your stuff.

  • It's an all too common news story: "company hacked....customer's private information compromised"

Data Markets

  • Data is big business.

  • Essentially everything is bite sized in somehow...someway.

  • Some of the biggest companies in the world are those that are "data mining".....data farms....collecting user information in exchange for a free service. (email, google...facebook...etc...etc..)

Paradigm Shift to an Equal Playing Field

  • Blurring the lines between interests of the developers, shareholders, and customers. It's about structurally aligning the incentives for all parties involved. To put it simply:

Structurally aligning the interests of all parties involved by correctly incentivizing activity in all capacities - The network takes on a life of it's own and now we're talking about a whole new way of operating...To define the functioning would be to say, "it's a win/win model of mutual benefit".

  • Reorganizing the ways in which we participate with the internet is a work in progress.

  • Keep tabs on the wallet space...as the wallets that provide the most services, and utility for the average dude will be leaders in the mapping of this new world we are creating.

  • Imagine your wallet working for you like a bank that has opportunities and services available which are advantageous in nature that streamline the efficiency in many aspects of your daily life.

  • Think about it like this:

Previously difficult to find services and deals that are the best...usually only available to the most elite clients will be streamlined to the average dude. Banking the unbanked is really happening. How many people are unbanked. Google it. All of these people have been excluded. How much exponential growth is there in the network effects when you double the amount of participants? How many ways can new pathways and connections be formed.

  • The Internet being built with blockchain is the new neural networks for artificial intelligence....Your wallet will be like the steering wheel for managing your life in the digital age.

Big Fan

Additional Source, "The Race for Digital Wallets"

  • It will take time for the tipping point in terms of becoming the norm.

  • Good fortune favors the Prospector.

CHEERS TO A MOST TRIMPHANT 2018!

if you like this post steemit.jpg

Sort:  

Soon the business ends to those big data collectors. Steemit came to do justice. A hug bro.

Digital wallet applications provide a more convenient transaction processing method for customers, giving businesses that employ this technology a competitive edge in the market.

I was gifted an old elephant skin wallet

What does an elephant skin wallet look like? Is it grey? It would be perfect with ivory accents, but I think ivory is illegal now.

I really like the Exodus wallet. It's fast, easy to use, secure and it just looks awesome. Also I get a a nice Pavlov's dog reaction when funds come in with the change clinking noise.

@ironshield

elephant skin.jpg

This is what an elephant skin wallet looks like. The one I got is super old from south Africa.. I'm not up to date on what the current rules are for making them now.

Yes - exodus wallet is very well laid out with all the bells and whistles :)

Cool, thank you for sharing the photo. It looks wrinkly like an elephant! @ironshield

haha indeed it does

it looks wrinkly like an elephant

Really this is a great analysis. Evolution of wallet is creative writing and very informative. Your collective information also impressed me. Thank you for sharing this post with us.

Best Wallet in the world better than blockchain ❤️

while the technology advances everything will be virtual. Digital wallet applications will be a competitive advantage in the market. thanks for sharing your post

In my city they are implementing a digital purse called "Apperto". I do not like it because it claims to be a cryptocurrency, when in reality it is only a digital debit platform.

but people still in crypto put their money on exchanges when they have such wallets which are safe and secure

the new wallets which we will keep them handy all the time the paradigm shift is finally here

there is no bigger market than data right now hackers are not gonna leave this time to protect it

the future of wallets is simply so bright can't wait for the day where we do not need to take anything with us

Tell me, You think Blockchain wallet is a good wallet?